Scorpio Tankers Stock - Q2 2026 TCE rates and share count update

Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 16:15 CET. Details in the imprint.

Scorpio Tankers (MHY7542C1306) published fresh data on its second-quarter 2026 time charter equivalent rates and current share count. The company detailed achieved and fixed TCE levels across its product tanker fleet in an update released on 06/18/2026.

What the TCE update shows

According to a GlobeNewswire release carried by Business Insider, Scorpio Tankers reported updated daily time charter equivalent rates for its LR2, LR1, MR and Handymax product tankers for Q2 2026. The company also summarized its weighted average TCE and disclosed its current share count.

The update reflects fixtures concluded to date and days contracted, providing an early read on revenue for the quarter before full financial results are published. Management typically uses these TCE snapshots to help investors model upcoming earnings and gauge market strength in product tanker routes.

Thursday focus on charts and trading

Scorpio Tankers shares trade on the New York Stock Exchange under the ticker STNG, with a recent market capitalization around $3.6 billion and a trailing price-earnings ratio near 7.8. The stock has delivered an approximately 80% total return over the past 12 months.

Short-term trading has been more muted, with one analysis noting a softer 30-day price performance despite the strong year-to-date move. Another trading commentary highlights that near-term positive sentiment and volatility in STNG can feed into risk allocation models for active investors.

How Scorpio Tankers makes money

Scorpio Tankers operates a large fleet of product tankers that transport refined petroleum products such as gasoline, diesel and jet fuel between global ports. Revenue primarily comes from chartering these vessels on spot and time-charter contracts, with realized TCE rates driving quarterly earnings.

Where the stock trades today

Scorpio Tankers shares trade on the NYSE at $78.50 as of 06/18/2026, 16:15 CET (10:15 ET).

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.